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WaltSoft RNB Plus MT5

5

Round Numbers and Background.  

The WaltSoft RNB Plus Indicator adds scale and perspective to your charts.
Alert, Notification and Email can be set for when price reaches a Big Round Number.
Because price does very often react on big round numbers this indicator is especially handy for Scalping and Swing trading.

On a naked chart you have no clue of how much price has moved.
But put the WaltSoft RNB on your chart and it draws an alternating color background (grid) with a scale you can choose.
It also draws horizontal lines, with or without price labels, on big round numbers.
This indicator is highly configurable to completely suit your taste and needs.

Settings

- Grid
  • Draw Grid - draws a color alternating background
  • Hide Grid When TF >= ... - Hides the Grid when the Chart Time Frame is Equal or Higher than the here selected Time Frame
  • Grid Space in Points - alternations width in points
  • Shift Grid Up/Down - shift alternating background up or down, also in points.  Use minus sign for down
  • Color Scheme Grid - quick-pick a color for dark or light chart background
  • User Defined Color - choose your own color - you need to set "Color Scheme Grid" to "User Defined Color"
- Big Round Numbers
  • Draw Big Round Numbers - draws a horizontal line ...
  • Grid Space in Points - ... every, what you set here, in points
  • Shift Grid Up/Down - shift all big round numbers up or down, also in points.  Use minus sign for down
  • Draw Lines and/or Labels, Choose - Lines and Price Labels, Only Price Labels, Only Lines Long or Only Lines Short
- Wholes
  • Show Wholes - draws a horizontal line at what you set at "Grid Space in Points"
  • Hide Wholes When TF >= ... - Hides the Wholes when the Chart Time Frame is Equal or Higher than the here selected Time Frame
  • Line Color - the color of the horizontal lines
  • Line Width - the width of the horizontal lines
  • Line Style - options: Solid, Dash, Dot, Dashdot and Dashdotdot
  • Size Price Labels - the size of the price labels
  • Shift Price Labels To Right (Nbr of bars) - you can shift the price labels a number of bars to the right
- Halves
  • Show Halves - draws a horizontal line at half the size of what you set at "Grid Space in Points"
  • etc.
- Quarters
  • Show Quarters - draws a horizontal line at a quarter the size of what you set at "Grid Space in Points"
  • etc.

- Action when Big Round Number is reached

  • Show Alert - pop-up Alert on your screen
  • Send Notification - to your mobile.  Has to be enabled and configured in your Tools/Options tab Notifications
  • Send Email - Has to be enabled and configured in your Tools/Options tab Email
  • Trigger - Choose between "On Every Tick" or "Only on Close of Candle"
  • On Wholes - Alert on wholes
  • On Halves - Alert on halves
  • On Quarters - Alert on quarters
  • Alerts Time-out, Seconds - No Alerts during time-out
- Miscellany
  • Remember Grid Space for TF-SymbolPurpose is to be able to disable this function when using more than one of this indicator on your chart
  • My Key Sequence = "BRN" - Enter a Sequence of 3 keys, only letters and numbers, to Hide / Show Big Round Numbers. (if enabled in above settings, Alerts will still work either way)


Tip:  You can put more than one of these indicators on the same chart.
If you do, you will have to use your imagination and creativity and play around with the settings.


Enjoy!

Walter

Reviews 2
krisnara123
1722
krisnara123 2021.10.02 15:55 
 

Nice Indicators for Round Numbers based strategy.I like the big size Horizontal labels at the key round numbers,with a lot of options to customize.The developer is very helpful and I am pleased that he implemented a feature request that I had asked for.

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The ADR Reversal Indicator shows you at a glance where price is currently trading in relation to it's normal average daily range. You will get instant alerts via pop-up, email or push when price exceeds it's average range and levels above it of your choosing so you can jump into pullbacks and reversals quickly. The indicator draws horizontal lines on the chart at the average daily range extremes and also extensions above those levels which have mathematical probabilities attached to them of pric
49 USD
The EMA Cloud
Minh Nguyen Nam
The idea of this trading system from the EMA with a Mediante price from the EMA indicators is based exactly 100% from Ripster47 trading system, me is just the person to create it on the MT5 platform, but with alerts for your own buy/sell settings.  Hereby I make a copy from Ripster47 explanation for using that system: " EMA  Cloud By Ripster EMA  Cloud System is a Trading System Invented by Ripster where areas are shaded between two desired EMAs. The concept implies the  EMA  cloud area
89 USD
Advanced Supply Demand MT5
Bernhard Schweigert
4.36 (11)
Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the potential of Advanced Suppl
199 USD
The Nadaraya Watson Envelop indicator for MT5 is a popular tool used by traders to identify trends and potential buy/sell signals. The indicator is based on a non-parametric regression model that uses kernel smoothing to estimate the underlying trend of the market. The resulting envelopes are then plotted around the trend line, providing traders with an indication of where prices are likely to fluctuate. One of the key features of this indicator is its ability to send alerts, emails, and notific
50 USD
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics"
168 USD
The ADR Alert Dashboard shows you at a glance where price is currently trading in relation to it's normal average daily range. You will get instant alerts via pop-up, email or push when price exceeds it's average range and levels above it of your choosing so you can jump into pullbacks and reversals quickly. The dash is designed to be placed on a blank chart and just sit in the background and alert you when levels are hit so you do not need to sit and watch it or even look at all! MT4 VERSION AV
49 USD
The RSI / TDI alert dashboard allows you to monitor RSIs at once (selectable by you) on every major pair you trade. You can use it in two ways: 1.   Select multiple time frames and the dash will show you when there are multiple time frames extended beyond normal trading conditions. A great indicator that price has pushed hard recently as it has achieved an overbought or oversold level across multiple time frames so a pullback or reversal is due soon. 2.   Use one time frame (your favourite to tr
49 USD
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Will Calculate the Lot Size for a given Percent Risk and places the order with SL and TP with a click of a button. Locks in your profits on auto-pilot with a Set Break Even function and/or several Trailing Stop Loss methods. Drag and position your Stop Loss and Take Profit before placing the actual order. Close trades with a click of a button. Works with Market Orders, Instant Orders, Pending Stop Orders and Pending Limit Orders. Works on any instrument:  Forex, Bonds, Futures, Indices, Commo
95 USD
The WaltSoft Fibonacci Patterns SCOUT searches for Fibonacci Patterns, also called Harmonic Patterns, and displays the results in a clear table. The WSFP SCOUT can search for 16 different Patterns plus 1 Custom Pattern and can process up to 28 Instruments and up to 9 Time Frames at once. It refreshes every second and alerts you when it finds a new pattern. Clicking on a Pair-Time Frame combination will open the relevant chart and displays the patterns which you then can trade manually. Take P
99 USD
Round Numbers and Background.   The WaltSoft RNB Plus Indicator adds scale and perspective to your charts. Alert, Notification and Email can be set for when price reaches a Big Round Number. Because price does very often react on big round numbers  this indicator is e specially handy for Scalping and Swing trading. On a naked chart you have no clue of how much price has moved. But put the WaltSoft RNB on your chart and it draws an alternating color background (grid) with a scale you can c
30 USD
Have you ever wondered which currency is moving a pair? For instance, if you see EURUSD go up, then is it because the EUR is getting stronger or because the USD is getting weaker? Well, this nifty little indicator will tell you in a blink of an eye! The indicator shows the relative strength of eight major currencies by comparing each currency with all the other ones, and presents the result in an easy to interpret graphical way. Alerts, Notifications and Emails can be set on a range of scena
30 USD
Looking for more detailed price action? Is trading M1 charts just not enough? The WaltSoft Tick indicator draws every incoming tick! In addition to that: It draws your open positions, complete with Order Number and Lot Size. It draws your TP and SL. It calculates and displays your current profit or loss in points, money and percent. It displays the current spread. It displays the average spread. This handy indicator will enhance your scalping strategies! Settings (most settings need no explana
30 USD
- Alert, Notification and Email when price reaches a level. - Second channel possible. - The Channel updates with every new bar, so moves along with time. - Does not repaint. -  Generate a signal in your EA. Description Standard Deviation Channel is built on base of Linear Regression Trend representing a usual trendline built between two points on the price chart using the method of least squares. As a result, this line proves to be the exact median line of the changing price. It can be consi
30 USD
The WaltSoft Log Spread Indicator will log the Average Spread on the chosen Interval and create a .csv file in the MQL4/Files folder or when testing in the tester/files folder. Meant to be used on a life chart, but can be used in the Strategy Tester. However, an Indicator in the strategy Tester will always run in visible mode, so the test could take a longer time. If you want quicker results in the Strategy Tester then you can download the free EA version here: https://www.mql5.com/en/market
30 USD
The WaltSoft Log Spread EA will log the Average Spread on the chosen Interval and create a .csv file in the MQL4/Files folder or when testing in the tester/files folder. Typical use Meant to be used in the Strategy Tester to check the spread on the history data. If you are testing an EA with the Tick Data Suite on downloaded history data with variable spread, then you have no clue if the spread from 10 years ago is the same spread you have today on the same pair, and so you may want to adjust
30 USD
The WaltSoft Fibonacci Patterns SCOUT searches for Fibonacci Patterns, also called Harmonic Patterns, and displays the results in a clear table. The WSFP SCOUT can search for 16 different Patterns plus 1 Custom Pattern and can process up to 28 Instruments and up to 9 Time Frames at once. It refreshes every second and alerts you when it finds a new pattern. Clicking on a Pair-Time Frame combination will open the relevant chart and displays the patterns which you then can trade manually. Take
99 USD
Will Calculate the Lot Size for a given Percent Risk and places the order with SL and TP with a click of a button. Locks in your profits on auto-pilot with a Set Break Even function and/or several Trailing Stop Loss methods. Drag and position your Stop Loss and Take Profit before placing the actual order. Close trades with a click of a button. Works with Market Orders, Instant Orders, Pending Stop Orders and Pending Limit Orders. Works on any instrument:  Forex, Bonds, Futures, Indices, Commo
95 USD
Have you ever wondered which currency is moving a pair? For instance, if you see EURUSD go up, then is it because the EUR is getting stronger or because the USD is getting weaker? Well, this nifty little indicator will tell you in a blink of an eye! The indicator shows the relative strength of eight major currencies by comparing each currency with all the other ones, and presents the result in an easy to interpret graphical way. Alerts, Notifications and Emails can be set on a range of scena
30 USD
- Alert, Notification and Email when price reaches a level. - Second channel possible. - The Channel updates with every new bar, so moves along with time. - Does not repaint. - Generate a signal in your EA. Description Standard Deviation Channel is built on base of Linear Regression Trend representing a usual trendline built between two points on the price chart using the method of least squares. As a result, this line proves to be the exact median line of the changing price. It can be consider
30 USD
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elite luis
3122
elite luis 2023.04.16 01:55 
 

User didn't leave any comment to the rating

krisnara123
1722
krisnara123 2021.10.02 15:55 
 

Nice Indicators for Round Numbers based strategy.I like the big size Horizontal labels at the key round numbers,with a lot of options to customize.The developer is very helpful and I am pleased that he implemented a feature request that I had asked for.

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Version 2.9 2023.04.20
- Changed Alerts filter to be able to alert on Wholes, Halves and Quarters separately.
- Added setting "Alerts Time-out, Seconds"
Version 2.8 2023.04.18
- Added setting to filter when to Alert, Notify and Email.
Three choices:
1. On Wholes
2. On Wholes and Halves
3. On Wholes and Halves and Quarters
Version 2.7 2022.08.20
- little bugfix
Version 2.6 2022.08.18
- Issue fixed: indicator would not initialize when initial grid is too small for instruments with few digits after the decimal.
Version 2.5 2022.06.05
- Keep Grid and Price Labels visible when scrolling chart back.
Version 2.4 2022.03.16
- For Alerts: added setting "Trigger". Choose between "On Every Tick" or "Only on Close of Candle".
So now you can get an Alert, Notification and/or E-mail, only on the close of the candle as well.
- Fixed issue of new Big Round Number not immediately drawn when High Price or Low Price of chart changes.
Version 2.3 2021.10.06
- Changed setting "Draw Price Labels" to "Draw Lines and/or Labels, Choose":
"Lines and Price Labels" or "Only Price Labels" or "Only Lines Long" or "Only Lines Short"
Version 2.2 2021.09.27
- Added setting "My Key Sequence" = "BRN":
Enter a Sequence of 3 keys, only letters and numbers, to Hide / Show Big Round Numbers.
Typing this sequence will toggle the visibility of the Big Round Numbers.
(Alerts will still work either way)
Version 2.1 2021.09.17
- Added setting "Remember Grid Space for TF-Symbol" = YES/NO. See What's New in previous update. Purpose is to be able to disable this function when using more than one of this indicator on your chart.
Version 2.0 2021.06.30
It now remembers your last Grid Space settings for a Symbol/Time Frame combination so that you can easily switch the charts' Symbol and/or Time Frame without having to go into your settings again.
Version 1.9 2020.10.02
1. Added settings:
- Hide Grid When TF >= ...
- Hide Wholes When TF >= ...
- Hide Halves When TF >= ...
- Hide Quarters When TF >= ...

2. Replaced "true" and "false" by "YES" and "NO"
3. Have set default values for Show Halves and Show Quarters to "YES"
Version 1.8 2020.08.28
- Added setting "Line Style" for Big Round Numbers. Options: Solid, Dash, Dot, Dashdot and Dashdotdot.
Version 1.7 2020.02.21
- Draw Grid in background
Version 1.6 2019.05.03
Changed logo on Common tab
Version 1.5 2018.10.23
Better handling if no history data
Version 1.4 2018.10.20
- Added settings: "Shift grid Up/Down" (background), "Show wholes" and "Shift grid Up/Down" (Big Round Numbers).
- Multiple instances of indicator now possible on the same chart.
Version 1.3 2018.10.18
Fixed issue: indicator not updating in Strategy Tester